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CFTC sues New Mexico over prediction market jurisdiction
The CFTC has sued New Mexico over jurisdictional claims related to prediction markets. Gary Gensler expressed skepticism about regulators' authority over sports event contracts.
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Adjacent reporting
- CFTC pulls Wisconsin into fight over prediction market jurisdiction
- CFTC sues Rhode Island over actions against prediction markets
- CFTC sues New York over bid to apply gambling laws to prediction markets
- CFTC sues New Mexico in latest bid to assert authority over sports betting markets
- Kalshi and Rhode Island sue each other in latest challenge to prediction markets
- CFTC sues Wisconsin in agency's legal campaign defending prediction markets authority